Ulrich Fredrich von Cappelen was a Norwegian ship-owner and businessman.
Background
Ulrich Fredrich von Cappelen grew up in at Mæla Manor in Gjerpen (Mæla gård i Gjerpen) in the municipality of Skien, in Telemark. In 1793 he married Benedicte Henrikke Aall (1772–1812), daughter of Nicolai Benjamin Aall and Amborg Jørgensdatter, née Wesseltoft.
Career
Some time after the death of his father he moved to Porsgrund, and started as a timber merchant and ship-owner. Having inherited assets and real estate, he bought more property, especially in rural Eidanger. However, the Gunboat War from 1807 to 1814, and the subsequent economic depression, had a very negative impact on his ship business.
He was virtually bankrupt upon his death in 1820.